Truist analyst Miller Jump lowered the firm’s price target on Dynatrace (DT) to $45 from $55 and keeps a Buy rating on the shares. The firm expects Dynatrace to deliver upside to consensus estimates. Early KPIs indicate that the introduction of DPS has been a key positive for the company, but many of the metrics indicate activity under the hood. Truist sees FY27 as the year the positive consumption trends that management has called out in their improved procurement model can show up more prominently in the financial model.
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